Province Plus | Michael Monk presents GST/HST Part 6 | Input Tax Credits: Allocation Methods

Were you aware that some ITCs cannot be claimed in full? Did you know that you must use an allocation method to calculate percentage of eligibility? Do you know what allocation methods can be used?

If you would like to learn more, you should attend this Canada Revenue Agency (CRA) GST/HST Presentation. You will hear directly from CRA’s GST/HST Directorate, Headquarters employee who has 36 years experience working in GST/HST programs. The Presentation will review this potentially complex ITC issue and help you ensure that the organization is accurately claiming ll eligible ITCs but not overclaiming.

LEARNING OBJECTIVES:

• Recognize key ITC allocation issues
• Understand and apply the correct rules
• Identify and reduce potential errors